Ocean City College gives its faculty the option of receiving the balance of their contract at the end of the semester on May 17, 2019. The faculty can receive one lump-sum payment instead of receiving the remaining seven biweekly pays over the summer. Use the data given below to complete the Payroll Register on May 17. No employee has reached the OASDI ceiling, and all employees are taking the lump-sum payment. The state withholding rate is 2.0% of total earnings; the city withholding rate is 1.0% of total earnings. The bi-weekly wage bracket is used for federal income taxes.

To calculate the tax withholdings, you must calculate the rounded tax for each pay and multiply by the number of pays in the lump-sum payment.

Round all values to the nearest cent.

Click here to access the Wage-Bracket Method Tables.

For Period Ending May 17, 2019 nneed help for part b and c. maybe f. thank you.

For Period Ending May 17, 20-- (a) Deductions (0) Marital Status No. of W/H Allow. Biweekly Earnings (b) FICA (d) (e) Net Total Lump-Sum Payment Employee Name OASDI HI FIT SIT CIT Pay John, Matthew M 1 1 $3,010.00 21,070 S 1,306.34 S S 421.4 $ 210.7 Kuna, Mary M 2 2,500.00 17,500 1,085 253.75 350 175 Timber, Bruce S 0 1,900.00 13,300 824.6 192.85 266 133 Ruce, Greg M 4 3,000.00 21,000 1,302 304.5 420 210 Totals $10,410.00 72,870 $ 4,517.94 S s 1,457.40 $ 728.7 S Compute the employer's FICA taxes for the pay period ending May 17, 20-- OASDI Taxes HI Taxes OASDI taxable earnings $ 72,870 HI taxable earnings S 72,870 OASDI taxes S 4,517.94 HI taxes $ 1,056.62